CJay Engel

Creator and Editor of Austro Libertarian. Lives in Northern CA, runs several businesses, spends time with his family, and reads as much economics and political theory as possible.

The Court Economists: Justification for Power

Mises: The great economists were harbingers of new ideas. The economic policies they recommended were at variance with the policies practiced by contemporary governments and political parties. As a rule many years, even decades, passed before public opinion accepted the new ideas as propagated by the economists, and before the required corresponding changes in policies …

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How Reagan Set the Liberty Movement Back a Decade

Many libertarians miss the fact that one of the most damaging aspects of Ronald Reagan wasn’t just his growth of the US Federal Government; it was also because he triggered a strictly political movement which damaged the appearance of a need for a true libertarian movement. When things are particularly bad, when the state’s presence is obviously …

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The Division of Labor and the Beginnings of Western Civilization

I’ve recently taken it upon myself to go through Carroll Quigley’s epic “history of the world in our time,” Tragedy and Hope. For those new to the libertarian scene, this book stands in a unique place as far as history books go. It tracks in very specific detail the rise of the Fabian socialists in …

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A Note on Capitalism and Laissez-Faire

At The Center for Gospel and Culture at Boyce College, David Kotter questions whether the Bible endorses “American Capitalism” or “Communist Central Planning.”  He begins as follows: The Bible does not endorse American-style Capitalism, nor did the early church practice Communist central planning in the early chapters of Acts. I suppose this can be agreeable, although Kotter …

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Jim Grant Smashes an Apologist for Negative Interest Rates

What a zinger. Jim Grant obliterates Ken Rogoff’s lousy case for negative interest rates. Grant writes of Rogeff: As for the campaign for zero cash in the service of negative interest rates, Mr. Rogoff’s brief is best seen not as detached scientific analysis but as a kind of left-wing crotchet. Strip away the technical pretense …

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Dan Sanchez on the Apple Tax Debacle

Dan Sanchez has some great thoughts, as always, on Apple and Ireland here. Snippet: [The] European Commission slapped Apple with a $14.5 billion bill for back taxes, ruling that Ireland had violated European Union rules by taxing the technology company at such a low rate. But the Irish government doesn’t want the money! It had promised the low rates back …

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The Works of Murray N. Rothbard

What did Murray Newton Rothbard write about? Wrong question. Right question: what didn’t Murray Rothbard write about? Lew Rockwell, writing the introduction to a collection of Rothbard’s essays written at the end of his life stated: “Summing up the work of Murray N. Rothbard (1926–1995) and noting its stunning range, philosopher David Gordon once wondered …

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J. Gresham Machen on Jaywalking Laws

J. Gresham Machen on Jaywalking laws: “These anti-pedestrian laws are intended either for the protection of the pedestrian, or for the convenience of the motorist. In either case . . . they are wrong. If they are intended to protect the pedestrian from himself, they are paternalistic. I am opposed to paternalism.”